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The Navy's cost-managing strategy for aircraft carrier Gerald R. Ford "obscures visibility" of its true price tag, and Congress should consider revising the law to improve accountability, a federal watchdog agency said Thursday. The first-in-class carrier now undergoing work at Newport News Shipbuilding will likely exceed its current $12.9 billion budget, according to the 54-page report from the U.S. Government Accountability Office, the investigative arm of Congress. As a result, the Navy wants to defer some work until after the ship is delivered. This will require additional funding later, and the Navy plans to request that money from a different pot — a "post...

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The Navy's cost-managing strategy for aircraft carrier Gerald R. Ford "obscures visibility" of its true price tag, and Congress should consider revising the law to improve accountability, a federal watchdog agency said Thursday.The...

BLACKSBURG — There are blue-chip recruits, the borderline prospects that need to find the right position in college, guys that might be able to make an impact for a college football program if they get all the breaks — and then there's Wade Hansen.
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NORFOLK — Chris Finwood views Old Dominion’s baseball season as confirming his suspicions rather than proving anyone wrong.The Monarchs were picked to finish 10th in their first season in Conference USA, but presently sit fourth with their league schedule...

WILLIAMSBURG — Though Nick Thompson is a relative newcomer to William and Mary baseball, he is plenty familiar with the school. He grew up in Chesapeake. Both parents earned undergraduate and law school degrees from W&M. An aunt and uncle graduated...

Colleges:Baseball:Ben Slaton and Tyler Urps each knocked in two runs Friday to lead Old Dominion (29-20, 15-13 Conference USA) to a 6-3 victory over Marshall (20-26, 10-15) in the opener of a three-game series in Charleston, W.Va.ODU jumped out with...

Baseball:
Old Dominion's NCAA tournament hopes are very much alive. William and Mary's probably are dead.
The Monarchs (36-24) are out of the Conference USA tournament, but by winning three games in five tries, they might have done enough to gain an...

William and Mary women's soccer mainstay John Daly has a team he likes, with a solid returning nucleus and an outstanding freshman class. What he doesn't have is a set lineup or an offense that's demonstrated the ability to finish and to close out...

NEWPORT NEWS — Jeffrey A. Martinovich, the CEO of troubled investment services firm MICG Investment Management, has warned his hedge fund clients that two of their primary investments are in peril and that the firm has stopped making interest payments...

All five judges of the Seventh Judicial Circuit Court in Newport News have recused themselves from hearing a lawsuit filed by a Newport News investor against MICG Investment Management, its CEO and the firm that provided MICG's audits and accounting...

A year ago, MICG Investment Management was one of few local brokerages to offer wealthy investors a chance to put money into a package of potentially high-return hedge funds. The Newport News firm managed and marketed three multimillion-dollar hedge...

Virginia baseball coach Brian O'Connor has heard all the criticism about his team's weak non-conference schedule, but he's confused about how the system works.
U.Va. (48-13-1), which will play Saturday at 7 p.m. against Louisiana State in the College...

We're a month away from Selection Sunday, but it looks like we're going to have another crowded bubble. Entering today, Virginia Tech figures to be battling for the last NCAA few bids. The Daily Press' Ernie Webb breaks down eight bubble teams, using RPI,...

With just over two weeks left in the men's basketball regular season, Virginia Tech has gone from possible NCAA tournament participant to likely tournament outsider.
Of course, two weeks are an eternity in a basketball season, especially in Tech's...

Perennial and pointless. Intriguing and infuriating. Comical and confusing.So goes this college basketball season's jousting over conference supremacy.ACC or Big East? Carolina or Connecticut? Hansbrough or Harangody?We stage this debate each winter. Some...